MICHAEL SNAPE IS Pi, THE POSITIVE INVESTOR
Combining extensive financial knowledge with integrity and trust, Michael takes a holistic approach to financial planning without any ties to specific funds, allowing him to be neutral and to focus on your needs. Sift through his articles and insights by clicking on one of the categories.
How to use compounding to grow your money fast
I came across this nice blog post recently. An article that points out a common misconception many people have. That investment returns are the only piece to the retirement saving puzzle. As Julie Cazzin writes; sometimes saving is more important than spectacular...
read moreHow Not to Invest: Episode #43827
From international tennis stars one week to the average mum and dad the next. The ABC’s 7:30 recently featured a story on victims of poor financial advice (investors duped by a noted investment spruiker) who are calling for reforms to protect anyone else from...
read moreSix Steps to Successful Investing – 6: Stay Balanced
Every investor need to strike a balance between risk and return and within this decision your portfolio should be rebalanced to ensure you don't stray from your preferred asset allocations. https://www.youtube.com/embed/VSpj9D5D9GQ
read moreSix Steps to Successful Investing – 5: Be Disciplined
There will always be good and bad years when investing. It's important to remain disciplined and keep a long term view because many investors fail by selling out after the market has fallen and buying back in after the market has gone up. ...
read moreSix Steps to Successful Investing – 4: Spread Your Risk
Being heavily concentrated in one asset is more gambling than investing. The solution is diversification and it is imperative to ensure your risk is spread across asset classes, sectors and countries. https://www.youtube.com/embed/IK4JaclEkJI
read moreSix Steps to Successful Investing – 3: Control Your Costs
Don't only focus on performance when investing. One of the most important aspects is controlling the costs you pay because costs are a big drag on your overall returns. https://www.youtube.com/embed/DI24V1IXDDE
read moreSix Steps to Successful Investing – 2: Beware Market Gurus
Market gurus and their predictions get a lot of attention, but they're regularly wrong and a hindrance to your investment success. https://www.youtube.com/embed/vMzwjI8xkWY
read moreClear Air is Nice but Don’t Forget the Turbulence
In case you needed a reminder – the sharemarket does go down. It’s worth remembering this in a year which has so far been something of a rarity. Earlier in the year we noticed the media and their incessant hectoring about an imminent correction. With nothing much...
read moreSix Steps to Successful Investing 1 – Accept the Price
Investment markets are very efficient and investors can never successfully time the market. This means the first step to successful investing is to accept the price on offer. https://www.youtube.com/embed/AgAWMHY8FIk
read moreSuperannuation changes July 2017
The argy-bargy is over and late last year the government’s superannuation reforms from the 2016/17 budget passed through both houses of parliament. What does this mean? The reforms will come into place on July 1 2017, so here’s a rundown on some key changes. Transfer...
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